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Siemens Healthineers AG

Common Name
Siemens Healthineers
Country
Germany
Sector
Healthcare
Industry
Medical Devices
Employees
70,898
Ticker
SHL
Exchange
XETRA
Description
Siemens Healthineers AG is a leading healthcare technology company that develops and manufactures a comprehensive range of medical diagnostics and imaging devices. It plays a pivotal role in the healt...

Siemens Healthineers's GHG Emissions Data Preview

In 2024, Siemens Healthineers completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Siemens Healthineers has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Siemens Healthineers’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Siemens Healthineers’s data sources below and access millions more through our Disclosure Search.

a. Siemens Healthineers's Sustainability Report 2024
a. Siemens Healthineers's Sustainability Report 2024

Insights into Siemens Healthineers's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSiemens Healthineers amounted to309,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Siemens Healthineersdecreased by 4.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Siemens Healthineers's Scope 1 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e-35%+1%+23%+2%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Siemens Healthineers's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Siemens Healthineers were 116,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Siemens Healthineers reduced its Scope 1 emissions over time?

Since 2019, Siemens Healthineers's Scope 1 emissions have decreased by 28.4%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Siemens Healthineers's Scope 1 emissions decreased by 12.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Siemens Healthineers's Scope 2 emissions?

In 2024, Siemens Healthineers reported Scope 2 greenhouse gas (GHG) emissions of 30,000 tCOâ‚‚e using the market-based method and 193,000 tCOâ‚‚e using the location-based method.a

Has Siemens Healthineers reduced its Scope 2 emissions over time?

Since 2019, Siemens Healthineers's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Siemens Healthineers's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), Siemens Healthineers's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Siemens Healthineers's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Siemens Healthineers use for Scope 2 reporting?

In 2024, Siemens Healthineers reported its Scope 2 emissions using the market-based method and using the location-based method.a

Siemens Healthineers's Scope 2 Emissions Over Time

201920202021202220232024055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Siemens Healthineers's Value Chain Emissions

In 2024, Siemens Healthineers reported 3,800,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Siemens Healthineers includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Siemens Healthineers's Scope 3 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e-23%+17%+28%-10%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Siemens Healthineers's Scope 3 emissions?

In 2024, Siemens Healthineers reported total Scope 3 emissions of 3,800,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 62.4%of these emissions originated from upstream activities such as purchased goods and capital goods, while 37.6%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Siemens Healthineers reduced its Scope 3 emissions over time?

Since 2019, Siemens Healthineers's Scope 3 emissionshave remained relatively stable, indicating that Siemens Healthineers's emissions have plateaued with no significant change in its value chain footprint.a

Compared to the previous year (2023), Siemens Healthineers's Scope 3 emissions remained relatively stable, indicating that Siemens Healthineers's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Siemens Healthineers disclose?

In 2024, Siemens Healthineers reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Siemens Healthineers's Scope 3 emissions?

In 2024, the largest contributors to Siemens Healthineers's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 1,983,000 tCOâ‚‚e(52.17%)
  • Use of Sold Products (Cat. 11): 1,429,000 tCOâ‚‚e(37.6%)
  • Upstream Transportation and Distribution (Cat. 4): 305,000 tCOâ‚‚e(8.02%)

Siemens Healthineers's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(8.0%)Purchased Goods andServices (Cat. 1)(52.2%)Use of Sold Products(Cat. 11)(37.6%)

Insights into Siemens Healthineers’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Siemens Healthineers reported Scope 1 greenhouse gas (GHG) emissions of 116,000 tCOâ‚‚e and total revenues of USD 24,979 millions. This translates into an emissions intensity of 4.64 tCOâ‚‚e per millions USD.a

Siemens Healthineers's Scope 1 Emissions Intensity Compared to Peers

102002,00050,000500,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)IEStratecYear: 2024Scope 1: 814 tCO2eRevenue: $M 268Scope 1 Intensity: 3.04 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MMindrayYear: 2024Scope 1: 5,328 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.06 tCO2e/$MEckert & ZieglerYear: 2024Scope 1: 1,165 tCO2eRevenue: $M 308Scope 1 Intensity: 3.78 tCO2e/$MVenus Medtech HangzhouYear: 2024Scope 1: 31 tCO2eRevenue: $M 71Scope 1 Intensity: 0.44 tCO2e/$MDraegerwerk AG & CoYear: 2024Scope 1: 33,499 tCO2eRevenue: $M 3,508Scope 1 Intensity: 9.55 tCO2e/$MSmith & NephewYear: 2024Scope 1: 12,794 tCO2eRevenue: $M 4,290Scope 1 Intensity: 2.98 tCO2e/$MKoninklijke PhilipsYear: 2024Scope 1: 17,783 tCO2eRevenue: $M 18,753Scope 1 Intensity: 0.95 tCO2e/$MUnited ImagingYear: 2024Scope 1: 3,123 tCO2eRevenue: $M 1,411Scope 1 Intensity: 2.21 tCO2e/$MEl EnYear: 2024Scope 1: 2,131 tCO2eRevenue: $M 589Scope 1 Intensity: 3.62 tCO2e/$MSTERISYear: 2024Scope 1: 57,543 tCO2eRevenue: $M 5,139Scope 1 Intensity: 11.20 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MLivaNovaYear: 2024Scope 1: 14,173 tCO2eRevenue: $M 1,253Scope 1 Intensity: 11.31 tCO2e/$MMedtronicYear: 2025Scope 1: 174,000 tCO2eRevenue: $M 33,537Scope 1 Intensity: 5.19 tCO2e/$MIIInspiration Healthcare GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 48Scope 1 Intensity: 0.74 tCO2e/$MCochlearYear: 2025Scope 1: 951 tCO2eRevenue: $M 1,542Scope 1 Intensity: 0.62 tCO2e/$MEEEmbla MedicalYear: 2024Scope 1: 2,290 tCO2eRevenue: $M 5,437Scope 1 Intensity: 0.42 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MOlympusYear: 2025Scope 1: 24,120 tCO2eRevenue: $M 6,650Scope 1 Intensity: 3.63 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MGN Store NordYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 2,506Scope 1 Intensity: 1.10 tCO2e/$MSiemens HealthineersYear: 2024Scope 1: 116,000 tCO2eRevenue: $M 24,979Scope 1 Intensity: 4.64 tCO2e/$M

How does Siemens Healthineers's GHG emissions intensity compare to its peers?

In 2024, Siemens Healthineers reported a Scope 1 emissions intensity of 4.64 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Siemens Healthineers rank on GHG emissions intensity within its industry?

In 2024, Siemens Healthineers ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Siemens Healthineers among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Siemens Healthineers's Total Carbon Footprint

In 2024, Siemens Healthineers reported a total carbon footprint of 4,109,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.89% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Siemens Healthineers's total carbon footprint was Scope 3 emissions, accounting for 92.48% of the company's total carbon footprint, followed by Scope 2 emissions at 4.7%.a

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